Warren Buffett explains the difference between genuine investment and speculation. Focus on Underlying Asset: Real investment involves buying something like a farm or a business that produces its own return (rent, profit, etc.). Market Fluctuations Don't Matter: Warren Buffettemphasizes that true investors don't care about daily stock market movements because they focus on the long-term value of the asset. Speculation vs. Investment: Warren Buffett contrasts this with buying things like Bitcoin, where you're hoping someone else will pay more later, not receiving any inherent value. This clip offersWarren Buffett's perspective on what constitutes a wise investment. It highlights the importance of understanding the underlying asset and its ability to generate returns.